# Lincoln Electric acquires Vanair Manufacturing

Lincoln Electric acquired Vanair Manufacturing, a manufacturer of truck-mounted air compressors, generators, welders, and mobile EV chargers, for a net purchase price of $116 million. Vanair is based in Michigan City, Indiana.

- Type: Acquisition
- Announced: 2024-08-16
- Where: Michigan City, Indiana, United States
- Value: $116.0M
- Status: completed
- Products: truck-mounted air compressors, generators, welders, mobile EV chargers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Vanair Manufacturing](https://endata.com/companies/10663.md) (target)
- [Lincoln Electric Holdings](https://endata.com/companies/17084.md) (acquirer)

## Sources

- [equipmentworld.com](https://www.equipmentworld.com/business/article/15681923/vanair-bought-by-lincoln-electric), 2024-08-16: "Vanair is renowned for their leading high-quality manufacturing, innovation, and engineering expertise in the fast-growing maintenance and repair service truck market"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.